Xconomy San Diego

Cognition Technologies, Inc. Secures $2,700,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=72d26d46-3745-4196-baba-f5f0cb4dcf94&Preview=1
Date
7/16/2008
Company Name
Cognition Technologies, Inc.
Mailing Address
6133 Bristol Parkway Culver City, CA 90230
Company Description
Cognition Technologies, Inc. (“Cognition”) is a next generation Search company, based in Culver City, CA, which has created the next evolution in text search technology. Through its patented linguistic meaning-based Search architecture, known as CognitionSearch™, the Company is able to deliver both significantly more precise search results and far greater recall, than is possible with currently used Search technologies.
Website
http://www.cognition.com
Transaction Type
Venture Equity
Transaction Amount
$2,700,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Draper Fisher Jurvetson
Venture Investor
Undisclosed